Market reviews from analysts of FIH "RESMI" (Kazakhstan) for January 19, 2012

19.01.12 16:48
/IRBIS, January 19, 2012/ - "RESMI" Financial & Investment House" JCS (Almaty, "RESMI" FIH) has provided IRBIS with the review of key events and its investment ideas and forecasts for January 19, 2012 The "RESMI" FIH analysts pay the investors' attention to the following key events on the markets: - The Chinese authorities are considering the possibility of resolving option of five largest banks to expand lending in the first quarter by 5% compared to last year, and weighed the possibility of reducing capital requirements. Regulator defers the introduction of more stringent requirements for capital adequacy ratio, as well as considering the possibility of reducing the weight of risky loans to small and medium businesses. - The International Monetary Fund (IMF) invited countries - participants of the organization's resources to increase lending by $ 1 trillion. This money will go to preserve the stability of the global financial system, deepening the debt crisis in Europe. IMF money will ask mostly in countries that export oil, as well as large developing countries with large reserves - China, Brazil, Russia, and India. In addition, a significant part of the IMF wants to get in Japan. Officially, plans to attract trillion dollars so far have not been reported. It is expected that negotiations on this matter will be held at a meeting of finance ministers of "big twenty" in Mexico City in late February. - The agency Fitch Ratings is going to the end of January to reduce Italy's issuer default rating by two notches. In Fitch said the rating downgrade of the country is most likely. January 13 Standard & Poor's downgraded Italy's one step to "BBB +". The agency indicates large public debt of Italy. Rate is about 1.9 trillion euro, which equals to 120% of GDP. Recently, the government tries to reduce the burden on public finances and reduce debt. In particular, it will be increased taxes and retirement age. - Amazon.com (AMZN +4.28%). Amazon Web Services on Wednesday released a new beta version of the application DynamoDB. This application allows users to transfer large amounts of data using cloud technologies. Any account created by the user, may be transferred to a database table with data stored on disk and format SSD. This improves performance by eliminating the use of conventional disks. The data is striped across multiple zones of access, or units of data center networks and independent power sources. Amazon may enter the Indian market with eBay, as a platform for buyers and sellers and will be called Amazon Marketplace. This move was made in an attempt to overcome the limitations in multi-brand retailers in the country. The company already is negotiating with local retailers to launch a "market" of their community. - Caterpillar (CAT +0.86%) Finning International, Inc is trying to strengthen its position in the mining equipment through acquisition of the business for $ 465 million and support for Bucyrus Intl., owned by Caterpillar. Finning undertakes to take control of Bucyrus in South America, the UK and Western Canada, where Finning already operates. Caterpillar Bucyrus acquired in July last year for $ 8.8 billion and has since been in talks to sell part of their business. Finning said the transaction will be financed through debt and increase profits in 2012. Caterpillar has signed an agreement with Miami-based Energy International Inc (EI), which makes him an international partner in the international energy projects. Caterpillar said that this agreement will enable EI to participate in projects of energy more efficiently because will borrow the knowledge, experience and improve customer service system. Caterpillar will supply engines at discounted prices, and EI, in its turn, will supply electricity. - ENRC (ENRC -0.07%) ENRC announced that it had reached an agreement with First Quantum Minerals Ltd. ("FQM") to acquire its remaining claims and assets in respect of the Project for processing dumps Kolvezi deposit (Kolwezi Tailings project ), as well as mines Frontier (Frontier) and Longchamp (Lonshi) and the related participation in the prospecting of deposits, all of which are located in Katanga Province, Democratic Republic of Congo ("DRC"), as well as the settlement of all current legal issues pertaining this equity, for a total compensation of $ 1.25 billion - Netflix (NFLX +4.03%) Netflix is popular among households with high income. High volatility is expected in Q4. Also in this period slight rally is expected. Company's shares are up 37% compared with 2.9% of S & P. - Oracle (ORCL +2.46%) Oracle expects losses due to litigation of Google over patent on Android. It should be noted that about 700.000 Android devices are running every day - each working on ensuring the Java-API, the company Oracle. That's equivalent to the $ 10 million - Facebook Inc. significantly increased external services to provide access to social networks, adding dozens of applications, including cooking and fashion to achieve the status of the most popular social network in the world. The given material has exclusively information character and is not the offer or recommendation to make any transactions with the stocks. Agency Irbis doesn't take responsibility for the opinions which are given in this material [2012-01-19]